Union Deposit Co. v. Moseley

BLAIR, Justice.

Appellee, Mrs. Alice T. Moseley, sued appellant, Union Deposit Company, to cancel its investment bond issued to appellee, and to recover $480 paid on the bond, with interest thereon, as actual damages, and $2,000 as exemplary damages, alleged to have resulted from the fraud practiced upon her by appellant’s agents and officers, which induced her to purchase and pay the $480 on the bond. A jury trial on special issues resulted in judgment in favor of appellee for $552 as actual damages, and $800 as exemplary damages; hence this appeal, in which appellant first contends that…